Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-04-17
THE BUSINESS WORLD.
Money 2Ientiful-A Large Increase in
the Actual CirculatiOn-Prices
Naturalization Steady.
More Animation Shown in Stocks-Pr1ces
Higher for Nearly Everything on
the General List.
COMMERCIAL RESUME.

Special to the Gazette.
NEW YORK, april 16.-Railway bonds
to-day sold as follows: Fort Worth and
sDenver City at 94S; Texas and Pacific
stIust 6's at 1902; incomes at 1929; Rios
at 754; St. Louis, Arkansas and Texas
2's at 81; rs at 1913; Missouri, Kansas
and Texas G's at lO2; 5's at 89t
Money firm 4@5 per cent.
Governments dull.
Sterling dull and steady.
Wheat slightly higher.
Cotton l02 points lower.
Oil closed at G+4
Coffee firm at an sdvanCe of ) points.
RESUME OF THE WEEK.
NEW YORK, April l6.-R. @. Dunn &
Co., in their weekly review of trade say:
Considering the embarrassment from the
uncertainty as to freights, the accounts
of trade are surprisingly satisfactory. 1t
is almost the universal testimony that
the retail trade is unusually large. No
embarrassment appears in collections
except where real estate or mining speCu-
latiOn locks up all available means, or
IN some localities where bad roads still
block business; but in most cases
an Improvement is reported. The
remarkable activity is clearly connected
with the exceedingly plentiful supply of
money, which is more abundant where
some need was previously reported, while
st many other points, as at Memphis,
money "was never so abundant before"
Rates rise to 10 per cent, or 10 10 only
al some far western points or where spec
ulatiOn RACES, but are usually moderate
for all localities. The Increase in the &C
tual circulation CT money from July
to April it has been $40, 1856, 1875, or 81
per cent. The stimulating effect of such
an addition is everywhere felt. From
Washington the news comes that the
treasury, realizing the risk CT excessive
issues, will now draw in the silver Certif-
Gates Of larger denominations. The spec
ulatiOn in real estate, rampant in Colo
RADIO, and spreading to the cities and
towns throughout that state, has caused
much looking up Of means
in Minnesota and other western
states. This has advanced prices
wonderfully at Philadelphia and holds
prices up, though the fever mas abated at
Nashville. How far such demands VIII
prevent the return of the money usual at
this season to commercial Centers, is yet
in doubt, but no fear is felt Of money 60
ing abroad, the March exports of pro
ducts having been surprisingly large.
Recent large purchases of stocks on for
eign accounts are reported, but with
somewhat suspicious Ostentation and the
foreign exchange remains stronger than it
would naturally be if money were
coming this way to pay for many
securities. Prices did not change much
during the week, though wheat is lower
and corn is a little higher, with oats,
pork, hogs and sugar unchanged. Coffee
has risen / and CIttOn steady.
Lard is a shade stronger and beef stifens
a little on account OF freight rates. The
embarrassment 10 shipping products
account for decline of 81 cents in iron.
In dry goods the situation is rot altered.
The uncertainty of rates affects distant
trade, but c0ttons are strong and woods
are pressed for sale and weak. An i'm
proving trade is noticed IN hides, leather
and boots and shoes.
GOVERNMENTS, STOCKS AND BONDS.
NEW YORK, April I6.-TO-day's stock
market showed somewhat more animation
than yesterday, while prices are higher
for almost everything on the list. London
was buyer in the forenoon, its special
ties being Reading, Erie, ST. Paul, North
ern Pacific aud Oregon Transcontinental.
The opening was steady with moderate
business Northern Pacific preferred was
up and Jersey Central down J. Reading
and St. Paul were the only
stocks showing activity, and the
prices of the general list showed
no movement. Jersey Central and San
Francisco preferred were decidedly weak.
There was more activity toward noon and
a generally firm tone was manifested.
Fractional advances were made, with g
slight reaction toward , p. m. close, then
growing active and firm at abOu. the best
prices reached.
Railroad bonds were somewhat more
animated. The general list shows irreg
uIar changes, though the active bonds
were generally firm.
Government bonds dull and steady.